401k

I was recently retained to review a Qualified Domestic Relations Order that was dividing our clients 401k balance during a divorce. What I found was a financial discrepancy that could have cost our client between $12,000 and $23,000! In this particular case, our client (Husband) had a 401k worth...

Many people involved in divorce, and often their attorneys, think that dividing a 401k in a divorce is a simple matter. Not understanding the nuances of 401k plans can lead to an unfair outcome for the parties and potential malpractice for an attorney. When parties divorce, the South Carolina law...